Ransomware is growing beyond traditional hotspots and spreading rapidly into emerging economies, according to CyberCube’s “Applying Analytics and Threat Intelligence to Grow in a Soft Market” report.
CyberCube’s H2 2025 Global Threat Briefing reveals that re/insurers are shifting their focus in the soft cyber market. Rather than emphasising premium expansion, they are prioritising efficiency and margin stability.
This comes as the cyber market remains soft for the third year in a row, with capacity outpacing demand, leading to consecutive rate reductions.
Heightened competition has driven concessions on premiums, limits, and coverage terms. Meanwhile, cyber threats and particularly ransomware continue to expand in both scale and geography.
CyberCube’s analysis suggests that for insurers to have sustainable growth, they need to diversify and innovate across industries, regions, SMEs, and emerging risks.
The Public Sector illustrates both the challenges and opportunities. It combines high exposure and uneven security maturity with increasing reliance on digital systems.
Despite facing budget cuts and staff shortages, Public Sector organisations are highly vulnerable to cyber threats, largely due to network misconfigurations, according to the report.
Although this sector is considerably more exposed and less secure than the global average, the report indicates there are specific areas for potential improvement.
William Altman, Head of Cyber Threat Intelligence Services and report author, said: “Cyber insurance is poised to remain one of the most dynamic and strategically vital segments within the property and casualty sector.
“As the sector matures, future expansion will hinge on serving underinsured segments, new geographies, and emerging risk classes. As the market approaches 2026, success in cyber re/insurance will depend on precision, insight, and the ability to align opportunity with exposure.”
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